[Ascending triangle/ISIP response] Rainier, good to see the TA. Good news out today. While people who follow the stock knew new the FDA NDA filing was imminent, it and the $20m milestone payment will cause new investors to look at it, and will see the positive developments.
biz.yahoo.com
came out after the bell. Also, Zacks rating has gone up in last two weeks from a 1.6 from a 1.8 (2 strong buys, 3 buys)
I'm afraid I underestimated the scope of my biotech review. I'm most of the way thru gathering info on several biotechs and the sector in general. A while ago you asked about best ideas/stocks. Mine is the biotech SECTOR. Companies I'm reviewing are BTGC, ISIP, VICL, LGND and TRIBY. LGND looking very interesting with the number of fruits just about to ripen on the vine,lots of good news and an expected turning profitable next year. Loosing internat access while in Philly set me back, as well as catching up on the homefront. Will be going to Chicago for a few days, will probably post (long) when I return.
With all the above the risk/reward is far better than ever before, while all are still substantially off their highs. Scott |